Article Sun TV group's TV direct-to-home (DTH) business in a fix

IndianMascot

IndianMascot

Core Member
A day after the Maran brothers - Kalanithi Maran and Dayanidhi Maran - promoted Kal Cables Pvt Ltd got a breather from the Madras High Court, fresh trouble has started for them as well as for their direct-to-home (DTH) business.

The Central Bureau of Investigation (CBI) Friday filed a charge sheet in a Delhi court against the Maran brothers and Sun Direct TV, the company which offers DTH service to around nine million subscribers.

The charge sheet, booking them for criminal conspiracy and under the Prevention of Corruption Act in the Aircel-Maxis deal, was filed before special CBI Judge O.P. Saini, who will hear the matter Sep 11.

The matter relates to sale of mobile telephony operator Aircel to Maxis, owned by T. Ananda Krishnan, in 2006 wherein Aircel's original owner C. Sivasankaran had alleged that he was pressured to sell as his firm was denied licences.

The CBI has alleged quid pro quo saying that in return, the Malaysian company invested around Rs.650 crore in Sun Direct, owned by the Maran family.

According to the website of Sun Direct, a joint venture between the Sun TV group and Malaysia's Maxis group, it has over nine million subscribers and started operations in 2007.


Sun TV group's TV transmission business in a fix | Business Standard News
 
IndianMascot

IndianMascot

Core Member
Yes Ofcourse. That's the concern everyone is showing. Maran and DMK has enjoyed a lot in Congress Raj. Now all such are landing into trouble.
 
DashMajor

DashMajor

EntMnt Knight
I don't think DTH business is small either, I can believe RED FM, Hyderabad Franchisee but not SUN DIRECT and SUN TV.
 
IndianMascot

IndianMascot

Core Member
Anirudha said:
I don't think DTH business is small either, I can believe RED FM, Hyderabad Franchisee but not SUN DIRECT and SUN TV.
Click to expand...


Out of this many, Sun Direct isn't look smaller ?



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DashMajor

DashMajor

EntMnt Knight
SUN DIRECT and Spice Jet is not small for me. Remember Maxis is also partner company in SUN DIRECT. Rest even Broadcasting business is not like Profit all the time distribution is the key factor for the Broadcasters. About IPL Franchisee we all know because of Shrini they got the Team. Rest FM business you knows very well.
 
Technoglitch

Technoglitch

Core Member
Anirudha said:
SUN DIRECT and Spice Jet is not small for me. Remember Maxis is also partner company in SUN DIRECT. Rest even Broadcasting business is not like Profit all the time distribution is the key factor for the Broadcasters. About IPL Franchisee we all know because of Shrini they got the Team. Rest FM business you knows very well.
Click to expand...
shrini has himself got a team in chennai.
 
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